Foreigners not to Pay VAT

naci agbal turkey finance minister
Finance Minister Naci Ağbal

Finance Minister Naci Ağbal said that they are launching VAT exemption on the sale of properties to foreigners.

“If the construction companies sell a property or commercial unit to a foreign real person or company, we will exempt the VAT. Therefore foreigners will not pay VAT when they want to buy housing or business place in Turkey, “he said.

 

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